Category : Economy

Economy Fintech Investment Services News

Survey: COVID-19, Market Uncertainty Has Financial Advisers Feeling Bearish for the Next Six Months

Fintech News Desk
by Fintech News Desk0
2020 Trends in Investing Survey also reveals ESG funds gaining popularity among the advisory community COVID-19 is wreaking havoc across the country, especially in the financial markets and economy. With trillions of dollars in assets managed by the financial advisory community in the U.S., it’s logical to explore how financial......
Business Economy Fintech Investment Services News

Wolters Kluwer Releases TSoftPlus Paycheck Protection Program Lending Insights

Fintech News Desk
by Fintech News Desk0
Approximately One Million Small Business Jobs Retained Across Almost One Hundred Industries Analysis completed by Wolters Kluwer Compliance Solutions shows that its Paycheck Protection Program (PPP) Supported by TSoftPlus solution has helped small businesses retain approximately one million American jobs, representing almost 100 different industries. Full-service restaurants lead the list of top business types......
Economy Fintech News

OakNorth Deploys Its Proprietary COVID-19 Credit Framework With One of the Leading Credit Providers to Middle Market Companies

Fintech News Desk
by Fintech News Desk0
OakNorth, the next-generation credit and monitoring platform, announces the signing of a commercial agreement with PNC Bank, one of the leading credit providers to middle market companies across the country. The unprecedented scale and rapid escalation of this crisis has created unimaginable impact on the economy. As a result, commercial lenders......
Economy Fintech News

Moody’s Analytics Forecast: Resurgence of COVID-19 Could Cause Global Economic Depression

Fintech News Desk
by Fintech News Desk0
According to the Moody’s Analytics baseline economic forecast, real global GDP will fall by 4.5% this year as a result of COVID-19. Our base case for the US suggests that it will take until mid-decade for the economy to return to full-employment. Mark Zandi, Chief Economist at Moody’s Analytics, describes......
Business Capital Markets Economy Fintech Fintech Funding Investment Services News

Powerlytics Announces Series B Fundraising Round Led By Brewer Lane Ventures

Fintech News Desk
by Fintech News Desk0
Powerlytics, a data provider that has complete, granular data for the 200 million adults and 30 million businesses that make up the U.S. economy, announced that Brewer Lane Ventures, a venture capital firm with a fintech focus, has acquired a $4 million stake in the company. Powerlytics will use the investment......
Artificial Intelligence Economy Fintech News

Healthcare Finance Direct and Enova Decisions Team up to Build the New Standard of Patient Underwriting for Elective Healthcare Financing

Fintech News Desk
by Fintech News Desk0
Healthcare Finance Direct (HFD), a leading FinTech company, and Enova Decisions, an analytics company, announced a strategic partnership to build the new standard of patient underwriting for elective healthcare providers. This advanced patient finance underwriting model is powered by HFD’s platform and Enova Decisions’ consumer lending and real-time analytics expertise.......
Economy Fintech News

2020 Wolters Kluwer Future Ready Lawyer: Performance Drivers and Change in the Legal Sector

Fintech News Desk
by Fintech News Desk0
Technology is at the Center of Top Performance The disruption caused by the 2020 global pandemic will have a far-reaching impact across the legal industry, accelerating the sector’s ongoing transformation. Before the crisis, the legal sector was already undergoing a transformation driven by economic, demographic, regulatory, technology and competitive demands.......
Economy Fintech News

82% Indians bear financial brunt of COVID-19: IndiaLends survey

Fintech News Desk
by Fintech News Desk0
 Nearly 72% say they will opt for a personal loan to tide over crisis  A recent survey by IndiaLends, a digital lending platform, has revealed that the pandemic has severely affected the financial health of salaried and professional individuals with 82% of respondents saying they are struggling to make ends......
Economy Fintech Investment Services News

CFA Institute Member Survey Shows Hiring Remains Uncertain

Fintech News Desk
by Fintech News Desk0
77% of CFA charterholders report no change to their job, while firms in the financial space adopt a wait-and-see attitude for hiring CFA Institute, the global association of investment management professionals, surveyed its global membership to analyze the effects of the current economic crisis caused by the coronavirus pandemic on......
Economy Fintech News Risk Management

VantageScore Whitepaper Examines Relationship Between a Credit Score and Risk Over Time

Fintech News Desk
by Fintech News Desk0
Examination uncovers how credit scores can be used as continued economic dislocation looms VantageScore Solutions, LLC, developer of the credit score model, released a whitepaper on the credit score’s role in understanding consumer credit risk and the need to closely monitor the risk represented by a given credit score in......
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